Thursday, 22 June 2017

EPIC RESEARCH MCX GOLD UPDATE OF 22 JUNE 2017

Gold trading range for the day is 28367-28739.Gold prices rebounded as an oil price slump pushed down stock markets and a weaker U.S. dollar made bullion cheaper.Investors evaluated the impact of hawkish Federal Reserve policy on the economy even as inflation measures are deteriorating. U.S. home resales unexpectedly rose in May to the third highest monthly level in a decade.